Aug. 24 (Bloomberg) -- China Railway Group Ltd., the worldâs second-largest publicly traded heavy construction company, said it is in talks with South Africaâs government for a $30 billion high-speed rail project between Johannesburg and the eastern port city of Durban.
Discussions are at...
LONDON (MarketWatch) -- The Ifo Institute's business sentiment index for Germany posted an unexpected rise in August to 106.7 from 106.2 in July, news reports said. Economists had expected the index to slip to 106.0...
My client, a leading global financial institution with a diverse business platform is expanding aggressively. They are looking for the top talent to join their highly successful cutting edge teams.
They require strong experienced quants to develop and model ultra high-frequency and...
BOJ has so far not lost one "war" against speculators.
USD/JPY is in long term downward channel since early June. Close above 85.47 would be bullish otherwise the trend is your friend.
They are looking for the right timing. Nomura, Bank of Tokyo Mitsubishi, Mizuho and Sumitomo have to first screw retail traders. If they capitulate and are trapped into further YEN strength whatever BOJ and finance ministry say, USD/JPY will rebound.
SAN FRANCISCO (MarketWatch) -- Standard & Poor's said late Tuesday it downgraded Ireland's long-term sovereign credit rating to AA- from AA because of the high cost to prop up that country's financial sector. The outlook is negative. "The downgrade reflects our opinion that the rising budgetary...
Aug. 24 (Bloomberg) -- Wells Fargo & Co. is plunging back into the commercial mortgage-backed securities market that helped fell Wachovia Corp., the bank it bought in 2008 for $12.7 billion.
Wells Fargo added more than 20 bankers and support personnel during the past three months to increase...
Gap number 7 forming in pit S&P.
You are not far away from chart pattern that occured 5th of February 2010. 1066.00 pivot.
First wave down 1052, up to 1063.00. Refusal to go green. Down to 1040.50. Closing 1063.00.
Dear Akuma,
I think I need a translation for this. :)
Thx
Check out :
http://ftalphaville.ft.com/blog/2010/08/24/324516/yen-intervention-101-why-it-wont-work/?updatedcontent=1